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Axis Securities raises Uno Minda target to Rs 1,525

Positive+15Company event

GreyOak summary

Axis Securities raised Uno Minda's target price to Rs 1,525 and maintained a 'Buy' rating following strong Q2 FY27 results. Revenue grew 38.3% YoY to Rs 6,655 crore, with Ebitda rising 32.9% to Rs 733 crore. The brokerage increased revenue and profit estimates for FY27 and FY28, citing healthy demand and growth in Green Mobility and casting segments.

What it affects

  • UNO MindaUNOMINDAPositive +15

    Brokerage raised target price and retained Buy rating.Rolling sentiment Positive +46

Source

Read the original at Business Today

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